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Showing 481 - 490 of 1945 results for "Proposal"

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... morning. The hearings relate to Your Future, Your Super reforms currently before the parliament. The bill includes a proposal for superannuation trustees to be subjected to "best financial interest", which funds have almost unanimously rejected. "I don't ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
Activity in China's manufacturing and non-manufacturing sectors returned with a vengeance after a brief pause during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... first announcing the review in October. In a market statement, the board recognised that there is no guarantee that a proposal or transaction with a third party will eventuate. "It will consider a range of options that seek to maximize shareholder value ...

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... has unanimously recommended that shareholders vote in favour of the REA Group acquisition in the absence of a superior proposal. Mortgage Choice chief executive Susan Mitchell confirmed the transaction would not alter Mortgage Choice's financial advice ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... this, AMP Capital is currently fighting to keep its $5 billion AMP Capital Diversified Property Fund following a takeover proposal from Dexus. The fund's independent board committee recommended the merger go ahead however AMP Capital head of real estate ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... board members and AMP will nominate four. The news of the joint venture came after Ares previously made a non-indicative proposal to acquire 100% of the AMP Capital for $1.85 per share, totalling around $6.35 billion. But then Ares later dropped its ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
QSuper says the Your Future, Your Super bill's proposals may result in higher operational costs at superannuation funds and delays in decision-making, alongside less talent for their boards. In its submission to the YFYS consultation, the industry ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... report will have to be delivered to New Zealand Treasury by mid-May this year. "Following the Treasury's Request for Proposal to execute the one-in-five-year statutory review of the GSFA, the Minister of Finance has approved the appointment of Willis ...

AMP Capital fights for fund

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... billion AMP Capital Diversified Property Fund (ADPF), despite an independent board committee recommending the takeover proposal from Dexus. AMP Capital said while it has acknowledged the decision by ADPF's independent board committee (IBC) to recommend ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... and opportunities associated with their business, including those related to climate change." In a second shareholder proposal, Handlery Hotels Inc asked Berkshire's holding companies to annually publish reports assessing their diversity and inclusion ...